America's Bank Collapsed, Global downfall

America's Bank Collapsed, Global downfall

This paragraph explains the downfall of Silicon Valley Bank of America. It is a case study type article.

America's two biggest banks collapsed. The one is Silicon Valley Bank and the other one is Signature Bank. This is the second biggest bank failure in American history. Before this in the year, 2008 the collapse of Washington Mutual Bank was the biggest bank failure. After which we saw the global recession.